TOKYO -- U.S. and European recession fears have given the Bank of Japan a leg up in its tug of war with traders that have bet against Japanese government bonds.
JGB rally has left short-sellers with paper losses as Kuroda holds the line

Under Haruhiko Kuroda, the Bank of Japan has stayed the course on monetary easing despite rising inflation. (Photo by Uichiro Kasai)
TOKYO -- U.S. and European recession fears have given the Bank of Japan a leg up in its tug of war with traders that have bet against Japanese government bonds.